News
What’s stopping Indians from buying travel insurance this year?
Security and peace of mind remain key motivators for insurance uptake.
60% of Australians feel financially secure, but 23% still underinsured
23% of life insurance holders said they did not believe their cover was sufficient.
Global pet insurance market set to reach $68.91b by 2032
This equates to a CAGR of 18.13%.
How much will Japan's insurance market grow in eight years?
Demographic shifts are driving structural changes in product demand.
Vietnam’s finance sector faces digitalisation challenges despite eased regulation
Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.
Insurance industry faces limited payouts amidst 2024 economic losses
Storm frequency resulted in approximately 1,200 fatalities.
QBE Insurance reports 7% YoY GWP growth in Q1 2025
Between January and April, catastrophe claims cost QBE approximately $420m.
Zurich, ShopeePay launch Shariah-compliant travel takaful plan
The takaful plan provides up to RM300,000.
Shriram General Insurance sees 13% profit growth in FY 2025
For the full year, policy issuance rose 3%.
Japan’s long-term care insurers face pressure from staff shortage
55.2% of home care operators reported a year-on-year revenue decline.
Sun Life Financial posts $1.1b in Q1 2025 underlying net income
The quarter’s performance was also driven by Asia’s performance.
Renewable energy insurance to bag $28b by 2034
This reflects a compound annual growth rate (CAGR) of 4.22%.
Taiwan insurers expand FX reserves after dollar appreciation: AM Best
70% of Taiwanese life insurers’ portfolios were allocated to foreign investments.
China’s capital charge cut to spur insurers’ equity investment
State Council Information Office announced a 10% reduction in the capital charge.
Global Asia Insurance Partnership appoints Cheng as CEO
She has over 20 years of experience in the sector.
New Zealand insurance market to hit $9.6b GWP by 2029
The market is forecast to expand by 10.3% this year.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work